02/07/2009 Unemployment rate pull back
Posted on Thursday the 2nd of July 2009 at 23:04 by LtPinback
Large gap lower, a broad-based sell-off on the unemployment rate data and more camping on the last day before the holiday. Volume was dismal.
- S&P 500 Index 5min Chart
-
- S&P 500 SPDRs 5min Chart
Unemployment Rate reaches 9.5 percent, the highest in nearly 26 years. A Head & Shoulders pattern is almost complete and thus a complete meltdown to the 800 level is a very real possibility.
- S&P 500 Index Daily Chart
Leave a Reply